Filing Details
- Accession Number:
- 0001179110-16-031028
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-10-31 18:37:54
- Reporting Period:
- 2016-10-28
- Filing Date:
- 2016-10-31
- Accepted Time:
- 2016-10-31 18:37:54
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 947484 | Arch Capital Group Ltd. | ACGL | Fire, Marine & Casualty Insurance (6331) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1359049 | Donald Mark Lyons | C/O Arch Capital Group Ltd. 100 Pitts Bay Road, Ground Floor Pembroke D0 HM 08 | Evp,Cfo & Treasurer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares, $.0033 Par Value Per Share | Acquisiton | 2016-10-28 | 5,050 | $23.10 | 195,380 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Acquisiton | 2016-10-28 | 5,000 | $25.01 | 200,380 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Acquisiton | 2016-10-28 | 9,500 | $33.91 | 209,880 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Acquisiton | 2016-10-28 | 9,000 | $38.58 | 218,880 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Acquisiton | 2016-10-28 | 5,000 | $40.10 | 223,880 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Disposition | 2016-10-28 | 21,148 | $0.00 | 202,732 | No | 4 | F | Direct | |
| Common Shares, $.0033 Par Value Per Share | Disposition | 2016-10-28 | 8,000 | $77.22 | 194,732 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2016-10-28 | 5,050 | $0.00 | 5,050 | $23.10 |
| Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2016-10-28 | 5,000 | $0.00 | 5,000 | $25.01 |
| Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2016-10-28 | 9,500 | $0.00 | 9,500 | $33.91 |
| Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2016-10-28 | 9,000 | $0.00 | 9,000 | $38.58 |
| Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2016-10-28 | 5,000 | $0.00 | 5,000 | $40.10 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2018-05-09 | No | 4 | M | Direct | |
| 5,000 | 2020-05-05 | No | 4 | M | Direct | |
| 9,400 | 2021-05-06 | No | 4 | M | Direct | |
| 9,000 | 2022-05-09 | No | 4 | M | Direct | |
| 10,000 | 2022-09-06 | No | 4 | M | Direct |
Footnotes
- 86,722 of such amount will settle in Issuer's common shares upon the termination of the Reporting Person's employment, as specifically provided in the award agreements.
- The share appreciation right became exercisable in three equal annual installments commencing May 6, 2012, subject to the applicable award agreement.
- The share appreciation right became exercisable in three equal annual installments commencing May 5, 2011, subject to the applicable award agreement.
- The share appreciation right became exercisable in three equal annual installments commencing May 9, 2009, subject to the applicable award agreement.
- Represents a weighted average sales price; the sales prices range from $77.201 to $77.23. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or to the security holder of the issuer.
- In connection with the partial exercise of the five share appreciation rights awards as described in Table II, 6,797 common shares were withheld for taxes at a tax price of $77.47 per share. In addition, 14,351 common shares were disposed in satisfaction of the exercise prices (see Table II). The reporting person received a net issuance of 12,402 common shares.
- A portion of the proceeds will be used to satisfy state and federal tax obligations.
- The share appreciation right became exercisable in three equal annual installments commencing May 9, 2013, subject to the applicable award agreement.
- The share appreciation right became exercisable in three equal annual installments commencing September 6, 2013, subject to the applicable award agreement.
Billionaire Hedge Funds
